India approves subsidy to export 6 million tonnes of sugar in 2020/21

Reuters

16 December, 2020, 04:20 pm

Last modified: 16 December, 2020, 04:23 pm

India approves subsidy to export 6 million tonnes of sugar in 2020/21

Reuters

16 December, 2020, 04:20 pm

Last modified: 16 December, 2020, 04:23 pm

India approves subsidy to export 6 million tonnes of sugar in 2020/21

India's cabinet on Wednesday approved a subsidy to encourage cash-strapped mills to export 6 million tonnes of sugar in the 2020/21 year started from Oct. 1.

The subsidy would be transferred into the accounts of sugar cane farmers, information minister Prakash Javadekar told reporters after the cabinet meeting.

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